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Question:  Do you own 1 Bitcoin? (2022 edition)
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Author Topic: Do you own 1 Bitcoin? (2022 edition)  (Read 2052 times)
nullama
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January 03, 2023, 06:20:07 AM
Merited by JayJuanGee (1)
 #161

~snip~
 I just wonder how most of us really get fucked with shitcoins before we learn and deviate. Although some never get into the fucked up altcoin shit, really most of us got a taste of it (like myself).

Another thing that gets people tangled up with those fucked shitcoins is their price compared to the price of Bitcoin, which convinces them to think of accumulating 1 bitcoin as a nearly impossible venture (but very much possible); they just fail to realize that it does not possibly mean that one must accumulate 1 or 0.5 bitcoin at a stretch, but just like you said, despite how long it may take, 10 to 20 years of gradually accumulating Bitcoin is better off than getting deceived with mirror pump and dump nonsense🤣😅.

You said it all already: "if newbies can start investing first in Bitcoin and avoid shittie." It will be better for them. I don't see it as something they can't do, but they get so quickly convinced of how they can easily acquire a significant sum of some shitcoins from ICOs and IDOs, but they fear they can't get enough of Bitcoin, and they equally feel the profit for those shitcoins will be boom 🤯💥, not knowing that altcoin investment is just as risky as gambling.

My regret was that I also got fucked with some altcoins when I started doing crypto; back then, I felt Bitcoin was too expensive to buy while I could just buy thousands of some shitcoins. Perhaps it was because I only got introduced to a shitcoin whose name no longer exists.
Recently, I also took the risk of diving into a shitcoin, but I couldn't get out because right now, the token is dumped without trading volume. 

Yeah, some people really only see the name and the price, and don't really care too much about anything.

That's why there's a huge market for basically worthless coins created from thin air, and after a while those coins just stop existing because, well, they never existed really. It's just a mechanism to transfer real money into the hands of the creator of those coins.

Greed will continue to exist, and people will continue to try to earn more money in the short term by buying these altcoins, but in the end they usually lose everything.

Bitcoin is really different, but many people don't see it. They just see a price attached to it and that's it.

People can do whatever they want, and they will continue losing their money in altcoins.

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